Are you a patient income investor, who hangs in there, even when one of your holdings is challenged by the market? Longtime energy investors' mettle has been tested in 2017, as the market has given many energy related equities the cold shoulder. We've been down this road before, only to recover - remember 2015, when oil crashed, and didn't bottom until February 2016? The distribution yield is 9.81%, but coverage dipped to .97 in Q3. Revenue grew 22%, net income rose 28%, EBITDA rose 34%, and DCF rose 13% in Q3. Parent company closed big Permian deal in Q3 - management sees expanded dropdown inventory as key to improving distribution coverage. Management is targeting 10% annual distribution growth through 2019.
Delek Logistics Partners LP (DKL) is an interesting case in point. It has outperformed AMLP, and, given its total return, (including its ~10% yield), has outperformed the market over the past year, but has lagged the market in 2017 thus far. Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products in the United States. It operates in two segments, Pipelines and Transportation, and Wholesale Marketing and Terminalling.
Source: Seeking Alpha
Related Articles:
- 4 Higher-Yielding Stocks With A Low Price To Book
- Buy And Hold Is Not Buy And Forget
- 7 Stocks With A Vision Of Higher Dividends
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The Dividend Aristocrats — a prestigious group of companies in the S&P 500 that have increased their payouts for more than 25 consecutiv...
-
To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds t...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...
-
In this article we discuss the 5 best dividend stocks to buy for consistent growth and income. If you want to read our detailed analysis of ...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
With the Energy sector up over 29% in the 1st quarter of 2021, and leading all other sectors by a wide margin, energy-related high dividend ...
-
These traditionally defensive investments offer investors a ready income stream through the dividend payments, no matter how the market move...
-
Each quarter, we take a look at the recent transactions of some of the top money managers around today--who we call our Ultimate Stock-Picke...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.